Yes Vince, I couldn't agree with you more. If there was a brokerage service, then I would add the systems on for those interested. The brokerage house would be strickly brokerage and possibly a place where traders can trade from.
However, if it would be of interest to traders, I would be...
Sure, there are two parts...
1. Full service brokerage that allows you to open an account and have it serviced like any other brokerage house (i.e. Stocks, Options)
2. To have a trading room that allows traders who trade the Forex a place to access computers with high speed internet...
I trade the Forex markets in the US working at a Forex brokerage house. Who do you guys trade through?
Also, would anyone be interested in trading together if there was a Forex Brokerage office?
Hello all -
I am looking into opening a Forex Brokerage house in Mumbai. I just wanted to see if any of you Forex traders would be interested...? Also, if you are trading Forex, what company are you opening your account?
Would love to have some feedback?
July 11, 2005
Stories and Comment:
Gas prices surged nearly a dime over the past two weeks to an all-time high of $2.31 per gallon of self-serve regular. That beats the previous record, set April 8, by about 2 cents, said the Lundberg Survey. "Crude oil prices have been working their way...
July 07, 2005
Stories and Comment:
The number of Americans filing new claims for jobless aid rose 7,000 last week, and a significant portion of the rise was due to temporary layoffs in the auto and school sectors. First-time claims for state unemployment insurance benefits rose to 319,000...
The easiest answer to your questions is get a charting program that does the calculation for you based on the number of days and choosing the close, open, high, or average price. :p
But, if you want to do it by hand, you will need to do the following...
Moving Averages - Part 1
You...
July 06, 2005 - Afternoon Commentary
Scheduled Economic Reports for Thursday!
Initial Claims-Weekly 7:30am CT.
API & DOE Oil and Gas Stocks 9:30am CT.
Stories and Comment:
Oil prices hit a record $61 a barrel as a tropical storm shut refinery units in Louisiana and an approaching...
Here you go...
Exponential Moving Average Time Periods
How to calculate an EMA% for a selected time period (the indicator panel performs this calculation automatically):
EMA% = 2/(n + 1) where n is the number of days
Example: The EMA% for 5 days is 2/(5 days +1) = 33.3%...
July 06, 2005- Morning Commentary
Stories and Comment:
U.S. chain store retail sales rose in the latest week, as consumers shopped for clearance items and seasonal goods during the Fourth of July holiday weekend. Sales rose 0.5 percent in the week ended July 2, compared with a 0.6 percent...
That is why I love this forum... :) So we can all share. What I will do is post a chart with the moving averages and the pattern I trade. When you see it, you are going to say to yourself this is way too easy. However, remember the hardest part of trading isn't the strategy, but the...
July 05, 2005 - After Market Commentary
Scheduled Economic Reports for Wednesday!
ISM Services (June) 9:00am CT.
Stories and Comment:
Optimism buoyed stocks today, with investors finding reassurance in a strong read on factory orders and Wal-Mart's upbeat June sales guidance. Higher...
July 05, 2005 - Morning Comments
Stories and Comment:
New orders at U.S. factories rose 2.9 percent in May, exactly in line with analyst expectations, on an aircraft-led jump in durable goods. The increase was the largest factory orders gain in more than a year, and followed a slightly...
I agree with your comments in theory, I use Moving Averages to intra-day trade. What I feel is most important is the Money Management you utilize. For example, there are hundreds of indicators from moving averages to stochastics, and there are many traders who are successful. The reason they...
Hello Mina -
I was wondering since you are commenting on the U.S. market, are you based in Chicago as a trader. I am also in the U.S., Houston, Texas that is.
For basic definitions, I would visit www.investopedia.com. You can search the term of your choice. I hope this helps.
Commando Trader
www.commmandotrader.com